Khayah Cement recovers with new VRM and dry mortar plant
Zimbabwe-based cement producer, Khayah Cement Ltd , has reported a 96 per cent YoY leap in sales volumes in the quarter ended 31 March 2023. According to the company, the stro...
Zimbabwe
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PPC in talks to sell Zimbabwe business
PPC Ltd is reportedly in talks to sell its Zimbabwe business. According to Bloomberg, discussions are at an early stage and no potential buyers have been named as yet. PPC is...
Livetouch Investments to build its second Zimbabwe cement plant
Livetouch Investments is building a second cement plant in Zvishavane, Midlands, Zimbabwe, to the tune of US$20m under the first phase of the project. The first phase of the ...
Lafarge Cement Zimbabwe appoints new Acting CEO
Lafarge Cement Zimbabwe Ltd has appointed Innocent Zulu Chikwata as Acting Chief Executive, effective from 1 December 2022. Mr Chikwata has 16 years experience in the fast...
PPC posts 23% drop in EBITDA
PPC Ltd , which is currently finalising its results for the six months ended 30 September 2022, has posted a 23 per cent YoY drop in EBITDA to ZAR728m (US$42.1m) in the six mo...
Lafarge Cement Zimbabwe expects to double cement production volumes in 2023
Lafarge Cement Zimbabwe is planning to double its cement production volumes in 2023 following the expected 4Q22 startup of its new vertical roller mill. “The commissioning p...
PPC Group revenues rise 9%
PPC's group revenues, excluding Zimbabwe, for the five months ended August 2022, increased by nine per cent, driven by robust demand in Rwanda but impacted by hyperinflation ...
Lafarge Cement Zimbabwe's new mill to be operational by year end
Lafarge Cement Zimbabwe Ltd ( Fossil Mines Pvt Ltd ) said it will continue to increase production of its products to meet the demands associated with the growth of the econom...
Lafarge Zimbabwe Cement's new mill awaits hand-over
Lafarge Zimbabwe has completed the construction of a new mill that will double its cement manufacturing capacity at its Manresa plant , but it cannot use the new grinding sy...
Lafarge Cement Zimbabwe to increase exports
Lafarge Cement Zimbabwe made its first exports to Malawi and is expecting to build on the shipment to increase exports from Zimbabwe. “Because of our significant capacity, ...